Okeanis Eco Tankers Corp.

ECO · NYSE · Industrials / Marine Shipping

88.82USD+1.15 (+1.31%)

Price History

Full chart

Market Stats

Previous Close87.67

Open89.06

Day Range85.58 – 89.20

52-Week Range27.21 – 102.56

Volume888.29K

Market Cap3.96B

P/E (TTM)9.38

Forward P/E14.12

EPS10.80

Dividend Yield9.40%

Beta-0.06

50-Day Avg82.41

200-Day Avg59.01

About

Okeanis Eco Tankers Corp., a shipping company, owns and operates tanker vessels worldwide. It operates a fleet of 16 tanker vessels comprising eight modern Suezmax tankers and eight modern VLCC tankers focusing on the transportation of crude oil. The company was incorporated in 2018 and is based in Neo Faliro, Greece.

Company Details

SectorIndustrials
IndustryMarine Shipping
CEOMr. Aristidis Alafouzos
Employees14
HeadquartersEthnarchou Makariou Ave., Neo Faliro, Greece, 185 47, USA
Websitehttps://www.okeanisecotankers.com

Leadership

Mr. Aristidis AlafouzosChief Executive Officer · b. 1987
Mr. Iraklis SbarounisChief Financial Officer · b. 1985
Mr. Michalis MoraitakisChief Operating Officer
Mr. Alexandros GiannoulasChief Accounting Officer
Mr. Christopher PapaioannouChief Commercial Officer · b. 1987
Ms. Thalia KalafatiTreasurer
Dimitra KontogogouCompany Secretary

Financials

Income Statement

Currency: USD	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Revenue	29.21M	127.73M	282.87M	169.00M	270.97M	413.10M	393.23M	391.55M
Growth (%)	-	+337.33%	+121.45%	-40.26%	+60.34%	+52.45%	-4.81%	-0.43%
Cost of Revenue	22.74M	74.78M	129.91M	124.37M	147.79M	191.68M	169.63M	167.11M
Gross Profit	6.46M	52.96M	152.96M	44.63M	123.18M	221.41M	223.60M	224.44M
Gross Margin	22.13%	41.46%	54.07%	26.41%	45.46%	53.60%	56.86%	57.32%
Operating Expense	2.14M	7.18M	11.59M	12.61M	13.06M	20.29M	60.65M	61.91M
Operating Income	4.33M	45.78M	141.36M	32.02M	110.12M	201.12M	162.94M	162.53M
Operating Margin	14.81%	35.84%	49.97%	18.95%	40.64%	48.69%	41.44%	41.51%
EBITDA	11.87M	70.36M	182.98M	64.85M	157.60M	244.31M	203.63M	164.39M
EBITDA Margin	40.65%	55.09%	64.69%	38.37%	58.16%	59.14%	51.78%	41.99%
Net Income	-3.02M	11.38M	101.32M	-902.90K	84.56M	145.25M	108.86M	122.95M
Net Income Margin	-10.34%	8.91%	35.82%	-0.53%	31.21%	35.16%	27.68%	31.40%
Interest Expense	8.83M	34.01M	37.65M	36.47M	38.08M	58.68M	53.63M	42.15M
Interest Expense % of Total Revenue	30.23%	26.63%	13.31%	21.58%	14.05%	14.21%	13.64%	10.77%

Balance Sheet

Currency: USD	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Assets	668.50M	1.11B	1.26B	954.59M	1.18B	1.13B	1.08B	1.20B
Total Liabilities	352.13M	769.14M	862.50M	596.30M	761.11M	720.98M	671.67M	627.55M
Total Equity	316.37M	341.69M	397.23M	358.29M	422.24M	408.13M	410.43M	573.09M
Cash	18.08M	13.40M	25.33M	38.18M	81.35M	49.99M	49.34M	116.64M
Total Debt	339.89M	732.71M	834.48M	577.00M	739.04M	693.28M	646.18M	605.10M
Net Debt	321.81M	719.31M	809.15M	538.81M	657.69M	643.29M	596.83M	488.46M

Cash Flow

Currency: USD	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Operating Cash Flow	-4.26M	29.00M	150.49M	28.60M	81.16M	174.92M	164.86M	111.30M
Investing Cash Flow	-190.28M	-445.51M	-178.80M	285.67M	-179.10M	-1.27M	-11.24M	-42.42M
Financing Cash Flow	212.63M	411.82M	43.24M	-299.43M	140.70M	-205.72M	-153.42M	-3.45M
Capital Expenditure	192.17M	443.66M	173.57M	22.31M	180.14M	3.31M	11.19M	40.19M
Free Cash Flow	-196.43M	-414.66M	-23.08M	6.29M	-98.98M	171.61M	153.67M	71.11M
Dividends Paid	-	458	43.72M	3.22M	19.59M	159.36M	106.56M	70.68M
FCF to OCF	4609.41%	-1429.80%	-15.34%	21.99%	-121.95%	98.11%	93.21%	63.89%
Dividend Paid to FCF	-	-0.00%	-189.42%	51.20%	-19.80%	92.86%	69.35%	99.40%

Earnings

Report Date	Aug 30, 2019	Nov 29, 2019	Feb 14, 2020	May 22, 2020	Aug 28, 2020	Nov 12, 2020	Feb 12, 2021	May 13, 2021	Aug 12, 2021	Nov 30, 2021	Feb 25, 2022	May 13, 2022	Aug 12, 2022	Nov 10, 2022	Feb 24, 2023	May 12, 2023	Aug 11, 2023	Nov 9, 2023	Feb 29, 2024	May 16, 2024	Aug 9, 2024	Nov 8, 2024	Feb 19, 2025	May 14, 2025	Aug 12, 2025	Nov 12, 2025	Feb 18, 2026	May 13, 2026	Aug 4, 2026	Nov 11, 2026
EPS Estimate	-0.09	-0.08	0.44	1.04	0.93	0.40	0.20	0.18	0.10	-0.11	-0.14	0.13	0.17	0.50	1.30	1.38	1.61	0.65	0.62	1.10	0.90	0.09	0.22	0.24	0.46	0.36	1.30	1.74	4.41	3.69
EPS Actual	0.00	0.00	0.00	1.26	1.15	0.48	0.23	0.23	-0.25	-0.15	0.14	0.29	0.25	0.59	1.50	1.60	1.64	0.65	0.66	1.23	1.23	0.45	0.41	0.39	0.83	0.77	1.78	2.33	5.91	-
Surprise	100.00%	100.00%	-100.00%	20.82%	23.17%	20.55%	15.90%	26.00%	-349.50%	-32.18%	200.29%	121.54%	45.12%	17.46%	15.71%	16.15%	2.13%	-0.31%	6.72%	11.82%	36.67%	400.00%	86.36%	62.50%	80.43%	113.89%	36.92%	33.91%	34.01%	-
Timing	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	Pre-market	Pre-market	Pre-market	Pre-market	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours

Key Statistics & Ratios

Market Cap3.96B

Enterprise Value4.45B

Trailing P/E9.38

Forward P/E14.12

Price / Sales5.60

Price / Book4.52

EPS10.80

Book Value22.48

Revenue (TTM)706.47M

Gross Profit (TTM)510.96M

EBITDA479.24M

Profit Margin56.92%

Operating Margin74.97%

Return on Equity61.59%

Return on Assets20.15%

Shares Outstanding39.04M

Shares Float20.80M

Beta-0.06

Dividend Yield9.40%

Dividend Rate9.55

Payout Ratio95.31%

Analyst Ratings

Strong Buy

Based on 1 analystsTarget 100.00

Strong Buy
1

Ownership Breakdown

Institutions: 31.48%
Insiders: 46.17%
Retail / Other: 22.35%

Top Fund Holders

Fidelity Nordic A-Dis-SEK
615.35K1.58%
Vanguard Total Intl Stock Index Inv
303.70K0.78%
DNB SMB A
285.64K0.73%
Strategic Advisers U.S. Total Stock
273.65K0.70%
Vanguard Developed Markets Index Admiral
201.78K0.52%
Vanguard FTSE All-Wld ex-US SmCp Idx Ins
75.31K0.19%
DFA International Core Equity 2 I
63.29K0.16%
RAM (Lux) Sys Emg Mkts Equities B USD
58.24K0.15%
Indosuez Funds America Small&Mid Caps G
57.00K0.15%
Vanguard European Stock Investor
49.79K0.13%
DFA International Small Company I
43.55K0.11%
Schwab International Small-Cap Eq ETF™
42.08K0.11%
MIF Marine Invest Fund SICAV USD
30.00K0.08%
SonicShares™ Global Shipping ETF
26.16K0.07%
Mandarine Europe Microcap R EUR
23.00K0.06%
Allianz Best Styles Europe Eq I EUR
20.84K0.05%
Harbor International Core Investor
17.34K0.04%
Delphi Norge A
17.00K0.04%
Vanguard Total World Stock ETF
16.77K0.04%
Acadian Select Global Equity UCITS A EUR
14.79K0.04%

Dividends

20263×

5.25Aug 14, 20262.00May 28, 20261.55Mar 3, 2026

20254×

0.75Dec 2, 20250.70Aug 22, 20250.32Jun 3, 20250.35Mar 3, 2025

20244×

0.45Nov 15, 20241.10Aug 21, 20241.10Jun 4, 20240.66Mar 8, 2024

20234×

0.60Nov 14, 20231.50Aug 31, 20231.60Jun 1, 20231.25Mar 10, 2023

20222×

0.30Dec 5, 20220.30Aug 24, 2022

20213×

0.31Dec 14, 20210.75Jun 28, 20210.10Feb 24, 2021

20203×

0.10Nov 25, 20200.75Aug 19, 20200.50May 19, 2020